YEARLY HIGH
59.7937 JPY
YEARLY LOW
52.0985 JPY
YEARLY AVERAGE
56.0481 JPY

2024 XCD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 59.7937. Conversely, the yearly low was recorded on September 16, dropping to 52.0985.

This high-to-low spread represents a total annual volatility of 7.6952 JPY. From a start-to-finish perspective, comparing the January average rate of 54.0860 to the December average rate of 56.9975, the exchange rate registered a net change of 5.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 59.7937 was up 6.56% compared to the 2023 peak of 56.1136, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 XCD based on timing:

Yearly Peak High 298,969 JPY
2023 Average 259,983 JPY
Yearly Trough Low 260,493 JPY
Transaction Impact: A difference of 38,476.01 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

59.0604
52.3800
JanuMarcMayJulySeptNove

XCD to JPY Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 56.3320, compared to 55.7643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5677 points.

H1 Avg (Jan–Jun) 56.3320
H2 Avg (Jul–Dec) 55.7643

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 4.3712 JPY (High: 59.7937 / Low: 55.4225). On the other end, February was the most stable month, with a tight range of 1.5765 JPY (High: 55.7716 / Low: 54.1951).

July Spread (Volatile) ±4.3712
February Spread (Stable) ±1.5765

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 4.1923 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -4.1923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 58.2985) against the same month in 2023 (average: 52.2345), the exchange rate shifted by +6.0640 (+11.61%).

2024 Avg (July) 58.2985
2023 Avg (July) 52.2345

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 54.8570 52.2155 54.0860
February 55.7716 54.1951 55.3625
March 56.1089 54.2960 55.4160
April 58.5382 55.9832 56.9988
May 58.3251 56.6336 57.6247
June 59.5466 57.3973 58.5037
July 59.7937 55.4225 58.2985
August 55.2190 53.2554 54.1061
September 54.3006 52.0985 52.9367
October 56.7121 53.1893 55.4720
November 57.9083 55.4125 56.7750
December 58.4241 55.3252 56.9975